On Monday afternoon, October 21st the Council of Ministers during an extraordinary general meeting of the Shareholder took the decision to extend the contracts of the Managing Board of Directors for a period of six months. The contract extension of the Managing Board of Directors will commence on November 1st 2019.

Based on the resolution of the Council of Ministers, Mr. Kenrick Chittick will continue as Chief Executive Officer while Mrs. Iris Arrindell-Smith and Mrs. Veronica Jansen-Webster will remain as Chief Financial Officer and Chief Operating Officer respectively.

Additionally, the Council of Ministers has requested the Supervisory Board of NV GEBE to proceed with the recruitment process of a Management Board. It is important to note that the recruitment process is open to the current members of the Management Board and other interested persons in the community.

The Council of Ministers has also requested the Supervisory Board to provide the Management Board with the necessary tools to improve their skills and qualities as was outlined in an evaluation report.